Following strong production performance and favourable trading conditions, BG Group is today updating the market with the information set out below:

As anticipated at the Q3 2005 results, upstream production has increased significantly in the fourth quarter. Aggregate production for October and November was approximately 35 mmboe.

These volumes have been produced in a firm price environment with average realised prices of approximately:

Oil price $59 per barrel
Liquids price $44 per barrel
UK gas price 36p per therm (contracted and uncontracted)
International gas price 21p per therm

During the same period, BG Group’s LNG activities have continued to perform well with five LNG trains in production and increased activity in marketed cargoes, against a backdrop of firm US gas prices.

Enquiries:

Communications:
+ 44 (0) 118 929 3717

Out of hours media assistance:
+ 44 (0)7917 185 707

Investor Relations
Chris Lloyd / Helen Parris / Kate Bingham + 44 (0) 118 929 3025